Accounting treatment when affiliated companies pay social security

The affiliated company pays social security, because it is not a formal employee of the company, and the social security paid in time belongs to the collection and payment on behalf of the company, which can be directly used as a current account for temporary storage.

When the unit pays social security,

Borrow: Payable employee salary-social security 7,000 yuan,

Other receivables-personal social security 500,

Other receivables-social security for affiliated personnel 1200,

Loan: 8,700 yuan in bank deposit,

Receiving social security of affiliated personnel,

Debit: bank deposit 1200,

Loans: other receivables-social security for employees 1200.